Russian Ministry Submits BTC Bill, Eyes Better Crypto Regulations
- The Ministry of Finance of the Russian Federation submitted the draft bill on Bitcoin and crypto regulation.
- The bill seeks to establish a common ground on crypto regulation.
- Bitcoin struggles below $40k.
The Ministry of Finance of the Russian Federation has officially submitted the draft bill on Bitcoin and crypto regulation. The bill seeks to establish a common ground on crypto regulation with the central bank of Russia. Furthermore, it also includes provisions that would regulate the circulation and possessions of cryptocurrency in the country.
The crypto industry has recently faced many challenges and issues in the country. This confused the crypto community and investors, weakening the mass adoption of cryptos in the country. However, financial sectors can now look forward to better crypto regulations with the bill officially being submitted.
BREAKING: Russia? ...
Read more: https://coinquora.com/russian-ministry-submits-btc-bill-eyes-better-crypto-regulations/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
